Musk Zuckerberg Bezos

Elon Musk, Mark Zuckerberg, and Jeff Bezos are all members of the $100 billion club.Scott Olson/Getty/Mark J. Terrill/AP/Drew Angerer/Business Insider Composite

  • The elite group of people worth over $100 billion includes Elon Musk, Jeff Bezos, and Bill Gates.

  • The 15 members have grown about $370 billion richer this year and are jointly worth $2.2 trillion.

  • Three members of the Walton family could soon join the club as they’re worth over $93 billion each.

Elon Musk, Jeff Bezos, and Mark Zuckerberg are among the handful of people on the planet with net worths above $100 billion.

Members of this elite group have amassed 12-digit fortunes by owning huge amounts of stock in some of the world’s most valuable companies. Most are founders and either current or former CEOs, and some like Warren Buffett would be much richer if they didn’t give billions to charity.

There may only be 15 centibillionaires, but their combined wealth exceeds $2.2 trillion, per the Bloomberg Billionaires Index. That’s more than Google-parent Alphabet’s $2 trillion market capitalization.

All but one of them have grown richer this year, adding a combined $370 billion or so to their personal fortunes. Bank of America ($308 billion), Coca-Cola ($297 billion), and Netflix ($295 billion) are all worth less than that.

The exclusive group is poised to expand soon. Three members of the Walton family are sitting on $93 billion-plus fortunes after each grew at least $22 billion richer this year.

Here’s the list of individuals worth at least $100 billion, showing Bloomberg’s estimate of their net worth at the time of publication, how much it’s changed this calendar year, and the source of their wealth.

1. Elon Musk

Elon Musk

Tesla and SpaceX CEO Elon Musk.REUTERS/Danny Moloshok

Net worth: $245 billion

YTD change in wealth: +$16.4 billion

Source of wealth: Tesla and SpaceX stock

Musk is the CEO of electric-vehicle maker Tesla and spacecraft manufacturer SpaceX. He’s also the owner of X, the social network formerly known as Twitter.

His other businesses include The Boring Company, Neuralink, and xAI.

2. Jeff Bezos

Jeff Bezos

Amazon founder and executive chairman Jeff Bezos.Amy Harris/Invision/AP

Net worth: $201 billion

YTD change in wealth: +$24.4 billion

Source of wealth: Amazon stock

Bezos is the founder, executive chairman, and former CEO of Amazon, the e-commerce and cloud-computing giant.

He also founded the space company Blue Origin and owns The Washington Post newspaper.

3. Bernard Arnault

bernard arnault

LVMH founder and CEO Bernard Arnault.Reuters

Net worth: $197 billion

YTD change in wealth: -$10.1 billion

Source of wealth: LVMH stock

Arnault is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His conglomerate owns a bevy of luxury brands including Dior, Fendi, Dom Pérignon, Sephora, and Tiffany & Co.

4. Mark Zuckerberg

Mark Zuckerberg

Meta cofounder and CEO Mark Zuckerberg.Getty

Net worth: $188 billion

YTD change in wealth: +$59.9 billion

Source of wealth: Meta stock

Zuckerberg is the cofounder, chairman, and CEO of Meta Platforms, the social-media titan behind Facebook, Instagram, WhatsApp, and Threads.

Meta’s Reality Labs division makes virtual-reality and augmented-reality headsets and experiences.

5. Bill Gates

Bill Gates

Microsoft cofounder Bill Gates.John Lamparski/Getty Images

Net worth: $158 billion

YTD change in wealth: +$17.8 billion

Source of wealth: Microsoft stock

Gates is the cofounder and former CEO of Microsoft, which makes the Office application suite, cloud-computing platform Microsoft Azure, and Xbox consoles.

He’s renowned for his philanthropic work at the helm of The Bill & Melinda Gates Foundation, one of the world’s largest charitable entities.

6. Larry Ellison

Larry Ellison

Oracle cofounder Larry Ellison.Justin Sullivan/Getty Images

Net worth: $153 billion

YTD change in wealth: +$30.0 billion

Source of wealth: Oracle and Tesla stock

Ellison is the cofounder, chief technology officer, and former CEO of Oracle, an enterprise software company specializing in cloud computing and database platforms.

He invested in Tesla prior to joining the automaker’s board in 2018, and made over 10 times his money on paper by the time his term as a director ended in August 2022.

7. Larry Page

Larry Page

Alphabet cofounder Larry Page.Seth Wenig/AP

Net worth: $150 billion

YTD change in wealth: +$23.5 billion

Source of wealth: Alphabet stock

Page cofounded Google with his Stanford University classmate Sergey Brin in a friend’s garage in 1998, and served as CEO until 2001.

He took the reins again between 2011 and 2015 after Google was restructured as a subsidiary of Alphabet alongside other businesses like YouTube and Waymo.

8. Steve Ballmer

Steve Ballmer waving

Former Microsoft CEO Steve Ballmer.REUTERS/Lee Jae-Won

Net worth: $146 billion

YTD change in wealth: +$15.3 billion

Source of wealth: Microsoft stock

Ballmer served as Microsoft’s CEO between 2000 and 2014. He joined the company in 1980 as Bill Gates’ assistant, initially negotiating a profit share which he later swapped for an equity stake when it became excessively large.

Ballmer retired as CEO in 2014 with a 4% stake — a position worth $140 billion. He promptly bought the Los Angeles Clippers for $2 billion and remains the basketball team’s owner.

9. Warren Buffett

Warren Buffett

Berkshire Hathaway CEO Warren Buffett.Reuters/Rick Wilking

Net worth: $141 billion

YTD change in wealth: +$21.7 billion

Source of wealth: Berkshire Hathaway stock

Buffett acquired Berkshire Hathaway when it was a failing textile mill in 1965, and has since grown it into one of the world’s largest companies. His nearly 15% stake is worth around $140 billion.

The famed investor’s conglomerate owns scores of businesses including Geico, See’s Candies, and the BNSF Railway, and holds multibillion-dollar stakes in public companies like Apple and Coca-Cola.

10. Sergey Brin

Sergey Brin

Alphabet cofounder Sergey Brin.REUTERS/Ruben Sprich

Net worth: $141 billion

YTD change in wealth: +$21.2 billion

Source of wealth: Alphabet stock

Brin cofounded Google with Page in 1998, and served as the search-and-advertising titan’s first president.

He and Page stepped down from their respective roles as Alphabet’s president and CEO in 2019.

11. Jensen Huang

jensen huang in kuala lumpur

Nvidia CEO and cofounder Jensen Huang.Vincent Thian/AP

Net worth: $114 billion

YTD change in wealth: +$69.9 billion

Source of wealth: Nvidia stock

Huang cofounded Nvidia in 1993, but the microchip maker has become a market darling within the last 20 months as its semiconductors have proven pivotal to developing artificial intelligence.

Nvidia’s stock price has skyrocketed from under $15 at the end of 2022 to $130, valuing the business at about $3.1 trillion and making Huang one of the richest people in the world.

12. Mukesh Ambani

mukesh ambani

Reliance Industries chairman Mukesh Ambani.REUTERS/Denis Balibouse

Net worth: $112 billion

YTD change in wealth: +$15.7 billion

Source of wealth: Reliance Industries stock

Ambani is the chairman and managing director of Reliance Industries and Asia’s richest man.

His father, Dhirubhai, founded Reliance and trusted Mukesh to grow the conglomerate’s petrochemicals business and expand into new areas like telecommunications.

Mukesh threw a star-studded, multi-event wedding ceremony for his son, Anant, this summer.

13. Michael Dell

Michael Dell

Dell founder and CEO Michael Dell.John Locher/AP

Net worth: $107 billion

YTD change in wealth: +$28.4 billion

Source of wealth: Dell stock

Dell is the founder, chairman, and CEO of the eponymous computer maker. Dell stock has ballooned from below $40 in March last year to over $110, valuing the company at nearly $80 billion, as investors wager it will be a key beneficiary from the AI boom.

Dell owns about 46% of his company, and pocketed well over $10 billion from the sale of Dell-backed VMware to Broadcom last year.

14. Gautam Adani

Gautam Adani talking while seated.

Adani Group founder and chairman Gautam Adani.Amit Dave/Reuters

Net worth: $105 billion

YTD change in wealth: +$20.8 billion

Source of wealth: Adani Group stock

Adani is the founder and chairman of the Adani Group. His conglomerate is a leading developer of infrastructure such as ports and power plants in India.

15. Amancio Ortega

amancio ortega zara

Inditex founder Amancio Ortega.how-rich.org

Net worth: $105 billion

YTD change in wealth: +$17.2 billion

Source of wealth: Inditex stock

Ortega is the founder and former chairman of Inditex, a fashion retail group home to brands like Zara, Bershka, and Massimo Dutti.

The billionaire philanthropist and real estate investor stopped running Inditex in 2011. His daughter, Marta Ortega Pérez, was appointed chair at the end of 2021.

Runners-up: the Waltons

Wal-Mart family Jim Walton, Alice Walton and Rob Walton

Jim Walton, Alice Walton, and Rob Walton.REUTERS/Rick Wilking

The heirs to the Walmart fortune are on the cusp of passing the $100 billion mark thanks to the retailer’s stock soaring 42% this year.

Founder Sam Walton’s three surviving children — Jim, Rob, and Alice — were worth $95.9 billion, $93.7 billion, and $93.1 billion respectively at the time of writing. They’ve each gained over $22 billion in wealth this year.

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Source: finance.yahoo.com